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ATOM Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-09-25 14:01

Abstract:Registered in the United Kingdom, ATOM is a broker targeting the Chinese market. It offers three types of tradable instruments through MT4. However, ATOM is currently not regulated by any official institution.

  Note: ATOM 's official website: https://www.atommarkets.com/ is currently inaccessible normally.

  Registered in the United Kingdom, ATOM is a broker targeting the Chinese market. It offers three types of tradable instruments through MT4. However, ATOM is currently not regulated by any official institution.

Pros and Cons

Pros Cons
Multiple Trading ChoiceLack of Legal Regulation
Competitive SpreadsNo Info on Account
MT4 Trading PlatformNo info on Payment Methods
Limited info on Trading
Unavailable Website

Is ATOM Legit?

  ATOM does not hold any valid regulatory licenses. The license granted by the Vanuatu Financial Services Commission (No. 40101) has been revoked.

  Meanwhile, our on-site survey personnel have discovered that the address of ATOM in Australia does not match the regulatory address. In addition, the broker's FCA AR license (RN: 789265), ASIC AR license (RN: 001263782), and VFSC retail forex license (RN: 40101) have all been cancelled.

Regulatory AuthorityVanuatu Financial Services Commission (VFSC)
Current Status Revoked
Regulated by Vanuatu
Licensed Institution ATOM MARKETS LTD
Licensed TypeRetail Forex License
Licensed No.40101
Revoked VFSC license
Regulatory AuthorityAustralia Securities & Investment Commission
Current Status Revoked
Regulated by Australia
Licensed Institution ATOM Markets PTY LTD
Licensed TypeAppointed Representative (AR)
Licensed No.001263782
Revoked ASIC license
Regulatory AuthorityVanuatu Financial Services Commission
Current Status Revoked
Regulated by Vanuatu
Licensed Institution ATOM MARKETS LTD
Licensed TypeRetail Forex License
Licensed No.40101
Revoked VFSC license

What Can I Trade on ATOM?

  ATOM offers forex pairs, commodities (precious metals), and stock indices. However, due to the unavailable website, there is no detailed information available.

Tradable Instruments Supported
Forex ✔
Commodities✔
Indices❌
Cryptocurrencies❌
Stocks✔
Mutual Funds❌
Bonds❌

Leverage

  The leverage available at ATOM is capped at 1:100.

Trading Platform

  ATOM supports trading on MT4. MT4 can handle customized tools such as advanced technology indicators and automated trading systems (known as Expert Advisors or EAs).

Trading PlatformSupported Available Devices
MT5❌/
MT4✔computer and phone
MT4

Customer Service

  ATOM supports you contacting them through email, phone and physical address. However, its address in Australia have been proven to be non-existent.

Contact Options Details
Email sh@atommarkets.com; hk@atommarkets.com; cs@atommarkets.com
Phone+1 646 722 3133; 02163087226; 852-36269307
Physical Address275 7th Avenue, 7th Floor, New York, NY 10001 4F, No. 495, Guangfu South Road, Xinyi District, Taipei City
Supported Language English
Website Language English

The Bottom Line

  ATOM provides a wide range of trading tools, including forex pairs, commodities and stocks with a maximum leverage of 1:100. However, its official website is currently unavailable and it is not regulated by legal authorities.

FAQs

  Is it safe to trade with ATOM?

  No, trading with ATOM is unsafe given the lack of legal regulation.

  What is the maximum leverage offered by ATOM?

  The maximum leverage is 1:100.

  What trading platform is available at ATOM?

  ATOM supports trading on MT4.

Related broker

No Regulation
ATOM
Company name:ATOM MARKETS LTD
Score
1.60
Website:https://www.atommarkets.com/my/public/index.php?
5-10 years | Suspicious Regulatory License | Suspicious biz area | Retail Forex License
Score
1.60

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